EUR/USD is consolidating below 1.1800, the pair seems very undecided despite the shooting star candlestick on the daily time frame.

What cause the EUR to drop a like a rock; it can't be because Mugabe refusing to step down or maybe the lesser of importance, Merkel ?

Regards,HumbleTrader

ECB President had a pair of speeches yesterday, it could've been a result of those. That said, the shooting star candlestick on the daily time-frame did point out to a future drop, it could've been just the result of that.

On three day eurusd on bullish pattern, but with low volume transaction and movement only small bodi candle today, some trader might on friday market stay away from the market because sometime movement is random, but if want take the risk might buy option with waiting low price as retracement

EUR/USD has posted offend losses in credit to Tuesday. Currently, the pair is trading at 1.1148, down 0.16% in financial checking account to the day. On the forgive stomach, the eurozone releases consumer confidence is received to p.s. a feeble score of -8. In the U.S., existing residence sales are projected to climb nimbly to 5.35 million.

Interesting move on the market this morning! Feels like euro starts to strengthen a bit before the results of elections to European Parliament. What do you think wil happen next? Where is is going to go?

Interesting move on the market this morning! Feels like euro starts to strengthen a bit before the results of elections to European Parliament. What do you think wil happen next? Where is is going to go?

Yeah, it's really interesting move.The US dollar strengthened against the euro then turned around and closed trades in the red against all major currencies. And the euro closed with a rise in growth after in updated the monthly minimum against the US dollar.

Interesting move on the market this morning! Feels like euro starts to strengthen a bit before the results of elections to European Parliament. What do you think wil happen next? Where is is going to go?

It depends on the results of elections and the US/Chineese trading war. I think it's more possible that euro will return to higher possitions since T.May is probably going to resign.